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De Beers names new CEO for U.S. operations

February 13, 2009

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De Beers Diamond Jewellers U.S. CEO Hamida Belkadi.

New York--Hamida Belkadi is the new chief executive officer for De Beers Diamond Jewellers U.S., filling a position that has been vacant since 2007, according to information released by the company on Friday.

The management change is effective immediately.

De Beers has not had an official CEO for its U.S. operations since the departure of former CEO Alyce Alston at the end of March 2007.

Belkadi has been with De Beers since 2005, helping to establish its U.S. operations as vice president of sales and marketing. This was also the year De Beers opened retail stores in the United States, operating them through a partnership with LVMH Moet Hennessy Louis Vuitton.

Following a short stint as acting CEO in 2007 after the departure of Alston, Belkadi was promoted to chief operating officer in July 2007, heading De Beers' U.S. operations.

Belkadi has a "solid proven track record" in jewelry retailing, including 18 years with Cartier where she held various senior positions, the release states.
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TOPICS
Business | Company Activities and Information | Executive Changes | Marketing | Partnerships | Personnel Changes

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